Allowing Commutation News Today

New rules are in effect that will see changes for accountants managing super fund lodgement.

Recent regulations introduced aimed at addressing the perpetual excess transfer balance issue for certain legacy pensions may provide a new strategic opportunity. In this article we detail the prelim

The Government has reconfirmed their previously-stated commitment to adjust legislation to provide for the ability to commute certain non-commutable income streams, but only in the case of excess transfer.

The government has now registered regulations to address a significant issue with excess transfer balance amounts for certain non-commutable pensions. Minister for Superannuation, Financial Services a